Not for Entry Level - Financial Professional Equitable Advisors Employee Review

2.0
Jul 13, 2016
Recommend
CEO approval
Business Outlook

Pros

-Ability to obtain Series 7, Series 63/66, and Insurance Licenses relatively quickly -Gain immediate exposure to clients -Fairly independent process with meetings and organization--you are your own boss -Young environment with lots of flexibility and free time

Cons

-Poor compensation and no benefits for new employees -Little support from senior management -Environment characterized by favoritism and immoral business practices -Essentially no training in investment advisory--each training session emphasized teaching us about poorly structured AXA products that benefits the advisor far more than the client -Way too much emphasis on selling their own insurance products (biased) rather than focusing on the clients interests -High-pressure marketing job with significant cold calling With the newly passed Dept of Labor laws concerning commissions from this type of work, it is likely that most of the advisors will get out of the business--AXA Advisers works completely off of commissions. The DOL passed this law to get rid of scumbags like this.

Explore other reviews about Equitable Advisors

5.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Very fun work place and great work environment. Awesome incentive trips, great culture. Good management. Very motivational culture. Very lenient schedule depending on manager.

Cons

Bad pay within first couple of years. Back paying salary through "recovered commissions". Not much support in terms of finding clients.

1.0
Jun 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Complete freedom to build your book of business anmd schedule.

Cons

Horrendous place to start. Managers run their own practice and have little to no time to actually help you outside of your joint meetings so you're on your own. They only give you 2 options to get clients, cold calling or their retirement benefits group through schools. Basically the whole advising piece is to just to sell life insurance and annuities. The support staff is thin so you're kind of on your own with paperwork and compliance docs. They just genuinely offer you nothing. No help with covering costs (you pay for all your licensing and marketing materials), they even charge you for using the company laptop and fees for programs you will never use. They will mislead you about the commission payouts and you only really get something if you get them to buy an annuity or life insurance. If you also have a remaining balance of any fees when you leave, they will literally sending you threatening letters demanding the money and threaten you with claims court if you don't pay it back.

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